Triditive closes $1.8 million seed funding round to deliver industrial automated AM
January 29, 2021
Triditive, Gijón, Spain, has completed a $1.8 million series seed investment round, which will be used to provide automated Additive Manufacturing machines in order to accelerate and support creating the factory of the future with the AM industry at its heart.
The company provides advanced robotics powered by machine learning, bringing AM to the production floor and, due to its mass production and metal-polymer AM capacity, the cost of scaling production is reduced.
The seed round was supported by new investors and industry leaders: Stanley Ventures (Stanley Black & Decker), Techstars, Hunosa empresas, Fourth Funding, IDEPA, and a selected group of ‘business angels’ from Spain, France and Switzerland.
“We are delighted to welcome our new investors and thankful to our existing shareholders for their continued support,” stated Mariel Diaz, CEO at Triditive. “This funding validates our approach to industrialise Additive Manufacturing through automation and enables us to expand our market presence.”
Sean Wright, Stanley Ventures Managing Director, commented, “We see tremendous growth potential in the Additive Manufacturing industry. Triditive demonstrated its ability to innovate and create a novel product. We look forward to working with the team to extend our impact in the Additive Manufacturing industry.”